Manager

0001062993-15-002547.txt : 20150511 0001062993-15-002547.hdr.sgml : 20150511 20150511144251 ACCESSION NUMBER: 0001062993-15-002547 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150331 FILED AS OF DATE: 20150511 DATE AS OF CHANGE: 20150511 EFFECTIVENESS DATE: 20150511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Arbiter Partners Capital Management LLC CENTRAL INDEX KEY: 0001513193 IRS NUMBER: 273380922 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14499 FILM NUMBER: 15850175 BUSINESS ADDRESS: STREET 1: 11 E 44TH STREET, SUITE 700 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-452-9119 MAIL ADDRESS: STREET 1: 11 E 44TH STREET, SUITE 700 CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: Fort Hoosac Management, LLC DATE OF NAME CHANGE: 20110215 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001513193 XXXXXXXX 03-31-2015 03-31-2015 Arbiter Partners Capital Management LLC

11 E 44TH STREET, SUITE 700 NEW YORK NY 10017

13F HOLDINGS REPORT 028-14499 N Paul J. Isaac Manager 212-650-4670 Paul J. Isaac New York NY 05-11-2015 4 122 1156839 false 1 0001609286 028-16232 Broken Clock Management, L.L.C. 2 0001502826 028-14377 Arbiter Partners QP, LP 3 0001156950 028-12808 ARBITER PARTNERS LP 4 0001597558 028-16233 ARBITER PARTNERS OFFSHORE LTD INFORMATION TABLE 2 form13fInfoTable.xml FORM 13F INFORMATION TABLE ACTIVE POWER INC COM 00504W308 37 16900 SH DFND 1, 2, 3, 4 16900 0 0 AMERICAN INTERNATIONAL GROUP COM 026874784 5479 100000 SH Call DFND 1, 2, 3, 4 0 0 100000 AMBAC FINANCIAL GROUP-CW23 WTS 023139116 683 50782 SH DFND 1, 2, 3, 4 0 0 50782 AMERICAN HOMES 4 RENT- A COM 02665T306 166 10000 SH DFND 1, 2, 3, 4 10000 0 0 AMKOR TECHNOLOGY INC COM 031652100 1164 131711 SH DFND 1, 2, 3, 4 131711 0 0 AMREP CORP COM 032159105 582 113095 SH DFND 1, 2, 3, 4 113095 0 0 AMAZON.COM INC COM 023135106 269996 725600 SH Put DFND 1, 2, 3, 4 0 0 725600 ANWORTH MORTGAGE ASSET CORP COM 037347101 2856 561038 SH DFND 1, 2, 3, 4 561038 0 0 APACHE CORP COM 037411105 603 10000 SH DFND 1, 2, 3, 4 10000 0 0 APACHE CORP COM 037411105 19909 330000 SH Call DFND 1, 2, 3, 4 0 0 330000 APOLLO GLOBAL MANAGEMENT - A COM 037612306 324 15000 SH DFND 1, 2, 3, 4 15000 0 0 ASB BANCORP INC COM 00213T109 662 32300 SH DFND 1, 2, 3, 4 32300 0 0 DEUTSCHE X-TRACKERS HARVEST COM 233051879 18738 450000 SH Put DFND 1, 2, 3, 4 0 0 450000 ATHENAHEALTH INC COM 04685W103 9885 82800 SH Put DFND 1, 2, 3, 4 0 0 82800 ATLANTIC COAST FINANCIAL COR COM 048426100 3112 750000 SH DFND 1, 2, 3, 4 750000 0 0 BANK OF THE OZARKS COM 063904106 563 15239 SH DFND 1, 2, 3, 4 15239 0 0 BENEFICIAL BANCORP INC COM 08171T102 7606 673709 SH DFND 1, 2, 3, 4 673709 0 0 BAKER HUGHES INC COM 057224107 3815 60000 SH Call DFND 1, 2, 3, 4 0 0 60000 BLACKROCK RESOURCES & COMMOD COM 09257A108 398 41671 SH DFND 1, 2, 3, 4 41671 0 0 BLACKSTONE GROUP LP/THE COM 09253U108 778 20000 SH DFND 1, 2, 3, 4 20000 0 0 BLUE HILLS BANCORP INC COM 095573101 1317 99600 SH DFND 1, 2, 3, 4 99600 0 0 CITIGROUP INC COM 172967424 979 19000 SH DFND 1, 2, 3, 4 19000 0 0 CITIGROUP INC COM 172967424 72128 1400000 SH Call DFND 1, 2, 3, 4 0 0 1400000 CAPITAL SENIOR LIVING CORP COM 140475104 48871 1883983 SH DFND 1, 2, 3, 4 1883983 0 0 CARNIVAL CORP COM 143658300 2153 45000 SH DFND 1, 2, 3, 4 45000 0 0 CARNIVAL CORP COM 143658300 28226 590000 SH Call DFND 1, 2, 3, 4 0 0 590000 CHICAGO BRIDGE & IRON CO NV COM 167250109 9852 200000 SH Call DFND 1, 2, 3, 4 0 0 200000 CHARTER FINANCIAL CORP COM 16122W108 1726 150124 SH DFND 1, 2, 3, 4 150124 0 0 CHC GROUP LTD COM G07021101 63 47300 SH DFND 1, 2, 3, 4 47300 0 0 CITIZENS COMMUNITY BANCORP I COM 174903104 1033 113490 SH DFND 1, 2, 3, 4 113490 0 0 CLEAR CHANNEL OUTDOOR-CL A COM 18451C109 3008 297218 SH DFND 1, 2, 3, 4 297218 0 0 CLIFTON BANCORP INC COM 186873105 1730 122576 SH DFND 1, 2, 3, 4 122576 0 0 COWEN GROUP INC-CLASS A COM 223622101 8894 1710379 SH DFND 1, 2, 3, 4 1710379 0 0 SALESFORCE.COM INC COM 79466L302 5345 80000 SH Put DFND 1, 2, 3, 4 0 0 80000 DEVON ENERGY CORP COM 25179M103 5156 85490 SH DFND 1, 2, 3, 4 85490 0 0 DEVON ENERGY CORP COM 25179M103 34298 568700 SH Call DFND 1, 2, 3, 4 0 0 568700 DEX MEDIA INC COM 25213A107 51 12206 SH DFND 1, 2, 3, 4 12206 0 0 EAGLE ROCK ENERGY PARTNERS COM 26985R104 149 64100 SH DFND 1, 2, 3, 4 64100 0 0 EASTERN VIRGINIA BANKSHARES COM 277196101 302 48200 SH DFND 1, 2, 3, 4 48200 0 0 ELDORADO GOLD CORP COM 284902103 70 15300 SH DFND 1, 2, 3, 4 15300 0 0 ELDORADO RESORTS INC COM 28470R102 3686 732877 SH DFND 1, 2, 3, 4 732877 0 0 EQUINIX INC COM 29444U700 9873 42401 SH DFND 1, 2, 3, 4 42401 0 0 EQUINIX INC COM 29444U700 21050 90400 SH Call DFND 1, 2, 3, 4 0 0 90400 ERIE INDEMNITY COMPANY-CL A COM 29530P102 794 9099 SH DFND 1, 2, 3, 4 9099 0 0 ESCALERA RESOURCES CO COM 296064108 7 19908 SH DFND 1, 2, 3, 4 19908 0 0 ESSA BANCORP INC COM 29667D104 3512 273953 SH DFND 1, 2, 3, 4 273953 0 0 EXPRESS SCRIPTS HOLDING CO COM 30219G108 434 5000 SH DFND 1, 2, 3, 4 5000 0 0 EXTREME NETWORKS INC COM 30226D106 8245 2609274 SH DFND 1, 2, 3, 4 2609274 0 0 FIRST CITIZENS BCSHS -CL A COM 31946M103 13732 52880 SH DFND 1, 2, 3, 4 52880 0 0 FIRST NORTHWEST BANCORP COM 335834107 1872 150000 SH DFND 1, 2, 3, 4 150000 0 0 FOREST CITY ENTERPRISES-CL A COM 345550107 24607 964208 SH DFND 1, 2, 3, 4 964208 0 0 FOREST CITY ENTERPRISES-CL B COM 345550305 388 15200 SH DFND 1, 2, 3, 4 15200 0 0 ISHARES CHINA LARGE-CAP ETF COM 464287184 4440 100000 SH Put DFND 1, 2, 3, 4 0 0 100000 GENERAL ELECTRIC CO COM 369604103 1 46 SH DFND 1, 2, 3, 4 46 0 0 GENERAL ELECTRIC CO COM 369604103 12405 500000 SH Call DFND 1, 2, 3, 4 0 0 500000 GENWORTH FINANCIAL INC-CL A COM 37247D106 1462 200000 SH Call DFND 1, 2, 3, 4 0 0 200000 GREENLIGHT CAPITAL RE LTD-A COM G4095J109 223 7000 SH DFND 1, 2, 3, 4 7000 0 0 GREIF INC-CL B COM 397624206 41654 910265 SH DFND 1, 2, 3, 4 910265 0 0 HALLIBURTON CO COM 406216101 16236 370000 SH Call DFND 1, 2, 3, 4 0 0 370000 HAMILTON BANCORP INC/MD COM 407015106 164 11960 SH DFND 1, 2, 3, 4 11960 0 0 HENNESSY ADVISORS INC COM 425885100 253 12493 SH DFND 1, 2, 3, 4 12493 0 0 HARTFORD FINANCIAL SVCS GRP COM 416515104 8364 200000 SH Call DFND 1, 2, 3, 4 0 0 200000 HERBALIFE LTD COM G4412G901 641 15000 SH Call DFND 1, 2, 3, 4 0 0 15000 HERBALIFE LTD COM G4412G951 855 20000 SH Put DFND 1, 2, 3, 4 0 0 20000 HOPFED BANCORP INC COM 439734104 1214 94328 SH DFND 1, 2, 3, 4 94328 0 0 HUNTSMAN CORP COM 447011107 9976 450000 SH Call DFND 1, 2, 3, 4 0 0 450000 IMPERIAL OIL LTD COM 453038408 239 6000 SH DFND 1, 2, 3, 4 6000 0 0 INTELSAT SA COM L5140P101 19114 1592867 SH DFND 1, 2, 3, 4 1592867 0 0 KENTUCKY FIRST FEDERAL BANCO COM 491292108 474 57583 SH DFND 1, 2, 3, 4 57583 0 0 LAKE SHORE BANCORP INC COM 510700107 2762 200877 SH DFND 1, 2, 3, 4 200877 0 0 LAPORTE BANCORP INC COM 516651106 223 17171 SH DFND 1, 2, 3, 4 17171 0 0 LENNAR CORP - B SHS COM 526057302 10955 266540 SH DFND 1, 2, 3, 4 266540 0 0 LIBERTY INTERACTIVE CORP-A COM 53071M104 16892 578700 SH DFND 1, 2, 3, 4 578700 0 0 LIBERTY VENTURES - SER A COM 53071M880 1116 26569 SH DFND 1, 2, 3, 4 26569 0 0 LIMONEIRA CO COM 532746104 603 27668 SH DFND 1, 2, 3, 4 27668 0 0 LUXFER HOLDINGS PLC-ADR COM 550678106 134 10000 SH DFND 1, 2, 3, 4 10000 0 0 MERIDIAN BANCORP INC COM 58958U103 662 50244 SH DFND 1, 2, 3, 4 50244 0 0 MVC CAPITAL INC COM 553829102 592 62460 SH DFND 1, 2, 3, 4 62460 0 0 NATL WESTERN LIFE INS-CL A COM 638522102 13636 53623 SH DFND 1, 2, 3, 4 53623 0 0 NEWMONT MINING CORP COM 651639106 145 6700 SH DFND 1, 2, 3, 4 6700 0 0 NEWMONT MINING CORP COM 651639106 5786 266500 SH Call DFND 1, 2, 3, 4 0 0 266500 NETFLIX INC COM 64110L106 41169 98800 SH Put DFND 1, 2, 3, 4 0 0 98800 NORTHERN DYNASTY MINERALS COM 66510M204 33 84437 SH DFND 1, 2, 3, 4 84437 0 0 OCONEE FEDERAL FINANCIAL COR COM 675607105 871 43399 SH DFND 1, 2, 3, 4 43399 0 0 OPPENHEIMER HOLDINGS-CL A COM 683797104 6014 256367 SH DFND 1, 2, 3, 4 256367 0 0 PEOPLES BANCORP OF NC COM 710577107 476 25794 SH DFND 1, 2, 3, 4 25794 0 0 PERMIAN BASIN ROYALTY TRUST COM 714236106 4907 606583 SH DFND 1, 2, 3, 4 606583 0 0 PFIZER INC COM 717081103 6958 200000 SH Call DFND 1, 2, 3, 4 0 0 200000 POWERSECURE INTERNATIONAL IN COM 73936N105 942 71600 SH DFND 1, 2, 3, 4 71600 0 0 PREMIER FINANCIAL BANCORP COM 74050M105 188 12314 SH DFND 1, 2, 3, 4 12314 0 0 PSB HOLDINGS INC COM 69360W108 534 70862 SH DFND 1, 2, 3, 4 70862 0 0 PUBLIC STORAGE COM 74460D109 356 1806 SH DFND 1, 2, 3, 4 1806 0 0 RADIO ONE INC -CL D COM 75040P405 1856 602542 SH DFND 1, 2, 3, 4 602542 0 0 ROSETTA RESOURCES INC COM 777779307 306 18000 SH DFND 1, 2, 3, 4 18000 0 0 SALEM MEDIA GROUP INC COM 794093104 462 74971 SH DFND 1, 2, 3, 4 74971 0 0 SEALED AIR CORP COM 81211K100 2377 52172 SH DFND 1, 2, 3, 4 52172 0 0 SENECA FOODS CORP - CL A COM 817070501 276 9250 SH DFND 1, 2, 3, 4 9250 0 0 SENECA FOODS CORP - CL B COM 817070105 240 7500 SH DFND 1, 2, 3, 4 7500 0 0 SEARS HOLDINGS CORP COM 812350106 9236 223200 SH Call DFND 1, 2, 3, 4 0 0 223200 SEARS HOLDINGS CORP COM 812350106 9911 239500 SH Put DFND 1, 2, 3, 4 0 0 239500 SHORE BANCSHARES INC COM 825107105 688 75000 SH DFND 1, 2, 3, 4 75000 0 0 SPARK NETWORKS INC COM 84651P100 467 115525 SH DFND 1, 2, 3, 4 115525 0 0 SPROTT FOCUS TRUST INC COM 85208J109 87 11963 SH DFND 1, 2, 3, 4 11963 0 0 STONEGATE MORTGAGE CORP COM 86181Q300 1202 111111 SH DFND 1, 2, 3, 4 111111 0 0 PROSHARES SHORT VIX ST FUTUR COM 74347W627 12479 183400 SH Call DFND 1, 2, 3, 4 0 0 183400 SOUTHWESTERN ENERGY CO COM 845467109 2319 100000 SH Call DFND 1, 2, 3, 4 0 0 100000 TEXAS PACIFIC LAND TRUST COM 882610108 16600 114598 SH DFND 1, 2, 3, 4 114598 0 0 THIRD POINT REINSURANCE LTD COM G8827U100 325 23000 SH DFND 1, 2, 3, 4 23000 0 0 TESLA MOTORS INC COM 88160R101 143182 758500 SH Put DFND 1, 2, 3, 4 0 0 758500 U.S. GLOBAL INVESTORS INC-A COM 902952100 131 40969 SH DFND 1, 2, 3, 4 40969 0 0 UNITED BANCSHARES INC/OHIO COM 909458101 511 33647 SH DFND 1, 2, 3, 4 33647 0 0 VIACOM INC-CLASS B COM 92553P201 13660 200000 SH Call DFND 1, 2, 3, 4 0 0 200000 VIACOM INC-CLASS A COM 92553P102 1252 18221 SH DFND 1, 2, 3, 4 18221 0 0 IPATH S&P 500 VIX S/T FU ETN COM 06742E711 11523 449600 SH Put DFND 1, 2, 3, 4 0 0 449600 WHOLE FOODS MARKET INC COM 966837106 2604 50000 SH Put DFND 1, 2, 3, 4 0 0 50000 WHITING PETROLEUM CORP COM 966387102 3090 100000 SH Call DFND 1, 2, 3, 4 0 0 100000 WOLVERINE BANCORP INC COM 977880103 342 13946 SH DFND 1, 2, 3, 4 13946 0 0 WPX ENERGY INC COM 98212B103 2842 260000 SH DFND 1, 2, 3, 4 260000 0 0 WRIGHT MEDICAL GROUP INC-CVR COM 98235T115 8278 1925027 SH DFND 1, 2, 3, 4 1925027 0 0 XEROX CORP COM 984121103 386 30000 SH DFND 1, 2, 3, 4 30000 0 0 XEROX CORP COM 984121103 7761 604000 SH Call DFND 1, 2, 3, 4 0 0 604000 YUM! BRANDS INC COM 988498101 7872 100000 SH Call DFND 1, 2, 3, 4 0 0 100000